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HomeMy WebLinkAboutMemo - SEOPWCity of Miami Board of Commissioners Meeting September 10, 2015 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: City of Miami Commissioners From: Clarence E. Woods, III Executive Director Date: August 5, 2015 File: Subject: SEOPW CRA Proposed General Operating & Tax Increment Fund Budget for Fiscal Year 2016. References: Enclosures: Legislation BACKGROUND It is recommended that the Board of Commissioners of the City of Miami approve the attached Resolution accepting and adopting the proposed budget of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") for the fiscal year commencing October 1, 2015 and ending September 30, 2016. JUSTIFICATION The SEOPW CRA is required to annually prepare a proposed budget and transmit said budget to the City of Miami and Miami -Dade County. This resolution fulfills that requirement.